Global Aviation Holdings Inc. (Global) is the parent company of
World AirwaysWorld Airways, Inc. is an American airline headquartered at the HLH Building in Peachtree City, Georgia. For the most part, the company operates non-scheduled services. Its main aircraft and maintenance base is Tampa International Airport.-History:...
, Inc. (World), and
North American AirlinesNorth American Airlines, Inc. is an American airline with its headquarters in Building 141 on the grounds of John F. Kennedy International Airport in Jamaica, Queens, New York City, USA. Prior to May 2008, it operated scheduled international services from the USA to Africa and Guyana. Today, it...
, Inc. (North American), headquartered in
Peachtree City, GeorgiaPeachtree City is a city in Fayette County, Georgia, United States.Census estimates in 2005 indicated a population of 34,524. In 2007, the city announced a plan to formally annex an unincorporated area between Georgia State Route 74 and the border with Coweta County that is commonly referred to as...
. World and North American are Part 121 U.S.-certified air carriers providing customized air transportation services for major international passenger and cargo carriers, international freight forwarders, the U.S. military, international leisure tour operators and international corporations.
Global Aviation Holdings today
Today, Global Aviation Holdings has combined revenues of more than $1 billion, 30 leased aircraft (most from
GECASGECAS is a unit of GE Capital, itself part of the large conglomerate General Electric. The president of GECAS is Norman Liu. GECAS is responsible for the leasing of aircraft and associated equipment to airlines...
and
ILFCThe International Lease Finance Corporation is an aircraft lessor headquartered in Century City, Los Angeles, California.It is the world's largest aircraft lessor by value, though ILFC's rival, General Electric's GECAS unit, has more aircraft...
), and more than 2,200 employees. Global Aviation Holdings provides services in the passenger, commercial passenger ad-hoc lease and
wet leaseAircraft leases are a number of types of leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons; to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity...
charter, military-on-demand and cargo charter ACMI markets in which an increasingly greater amount is now being concentrated in the hands of this one particular
companyA company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
with two subsidiaries.
Among Global Aviation Holdings significant competitors amidst this dwindling field of operators on the passenger side, who specialize in
AMCAir Mobility Command is a Major Command of the U.S. Air Force. AMC is headquartered at Scott AFB, Illinois, east of St. Louis....
charter contracts and (ACMI) and charter markets are, Miami International Airlines,
Omni Air InternationalOmni Air International, Inc. is a United States charter airline with its headquarters in Hangar 19 on the grounds of Tulsa International Airport in Tulsa, Oklahoma, USA. It operates international and domestic passenger charters, as well as wet leasing....
and
Ryan International AirlinesRyan International Airlines, Inc. is an American FAR 121 airline with domestic, flag, and supplemental authority.Based in Rockford, Illinois, the US Postal Service was once the airline's main customer, flying Boeing 727 aircraft on scheduled cargo flights...
. On the cargo side, Global Aviation Holdings operations performed by World Airways remain distant rivals to the vastly growing
ABX Air'sABX Air, Inc., formerly Airborne Express, is a cargo airline headquartered at Wilmington Air Park in unincorporated Clinton County, Ohio, United States, near the City of Wilmington. ABX Air operates scheduled, ad hoc charter and ACMI freight services. It also provides flight support services and...
airline holdings operations and network which are now inclusive of the much smaller
(ATI) Air Transport InternationalAir Transport International LLC is an airline based in Little Rock, Arkansas, USA. It operates worldwide cargo and combi charters for the express package industry and freight forwarders, as well as for the United States Department of Defense and the automotive industry. It also wet-leases aircraft....
and
Capital Cargo International AirlinesCapital Cargo International Airlines, Inc. is a cargo airline based in Orlando, Florida, USA. It provides on-demand and wet lease aircraft charter. Its main base is Orlando International Airport. It is owned by the Air Transport Services Group .- History :...
who at one time were fierce competitors for similar contracts.
North American flew to the African continent with a link up to Virgin Nigeria Airlines , but all scheduled passenger service was discontinued in May 2008 as a result of the fuel price rise escalations of 2007-2008. Global Aviation Holdings has substantial fleet operations transiting through Atlanta
ATL- Geography :* Atlanta, United States** Hartsfield–Jackson Atlanta International Airport * Attleborough railway station, its National Rail code- Media :* ATL , a 2006 film set in the city of Atlanta, Georgia, USA...
, New York (JFK), Baltimore Washington
BWIBaltimore/Washington International Thurgood Marshall Airport is an international airport serving the Baltimore-Washington Metropolitan Area in the United States. It is commonly called BWI, BWI Airport or BWI Marshall, BWI being an initialism for "Baltimore/Washington International" and the...
, Dallas Ft. Worth
DFWDallas/Fort Worth International Airport is located between the cities of Dallas and Fort Worth, Texas, and is the busiest airport in the U.S. state of Texas...
and Houston (IAH) on a regular basis.
Fleet
Elliott
As of December 31, 2009, Global Aviation Holdings has 30 transoceanic capable aircraft in its fleet, consisting of 5
narrow-bodyA narrow-body aircraft is an airliner with a fuselage aircraft cabin width typically of 3 to 4 metres , and airline seat arranged 2 to 6 abreast along a single aisle...
and 25 (company information)
wide-bodyA wide-body aircraft is a large airliner with two passenger aisles, also known as a widebody aircraft or twin-aisle aircraft. The typical fuselage diameter is . In the typical wide-body economy cabin, passengers are seated seven to ten abreast, allowing a total capacity of 200 to 850 passengers...
hullsThe fuselage is an aircraft's main body section that holds crew and passengers or cargo. In single-engine aircraft it will usually contain an engine, although in some amphibious aircraft the single engine is mounted on a pylon attached to the fuselage which in turn is used as a floating hull...
['Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Aviation insurance policies are distinctly different from those for other areas of transportation and tend to incorporate aviation terminology, as well as terminology,...
]:
Global Aviation Holdings Fleet
| Aircraft |
Total |
Passengers
(Business/Coach) |
Business |
Notes |
North American AirlinesNorth American Airlines, Inc. is an American airline with its headquarters in Building 141 on the grounds of John F. Kennedy International Airport in Jamaica, Queens, New York City, USA. Prior to May 2008, it operated scheduled international services from the USA to Africa and Guyana. Today, it...
Fleet |
|
Ata |
|
| Boeing 757-200 |
5 |
199 (16/183) |
Passenger |
|
| Boeing 767-300 |
5 |
206 (30/176)
247 (247) |
Passenger |
|
| World Airways World Airways, Inc. is an American airline headquartered at the HLH Building in Peachtree City, Georgia. For the most part, the company operates non-scheduled services. Its main aircraft and maintenance base is Tampa International Airport.-History:...
Fleet |
|
|
|
|
| Passenger |
McDonnell Douglas MD-11The McDonnell Douglas MD-11 is a three-engine medium- to long-range widebody jet airliner, manufactured by McDonnell Douglas and, later, by Boeing Commercial Airplanes. Based on the DC-10, it features a stretched fuselage, increased wingspan with winglets, refined airfoils on the wing and smaller...
|
7 |
323 (27/296)
400 (400) |
Passenger |
McDonnell Douglas MD-11The McDonnell Douglas MD-11 is a three-engine medium- to long-range widebody jet airliner, manufactured by McDonnell Douglas and, later, by Boeing Commercial Airplanes. Based on the DC-10, it features a stretched fuselage, increased wingspan with winglets, refined airfoils on the wing and smaller...
|
9 |
|
Cargo |
Boeing 747-400The Boeing 747-400 is a major development and the best-selling model of the Boeing 747 family of jet airliners. While retaining the four-engine wide-body layout of its predecessors, the 747-400 embodies numerous technological and structural changes to produce a more efficient airframe...
|
4 |
|
Cargo |
Global Aviation Holdings is expected to receive some
Airbus A330-200FThe Airbus A330 is a wide-body twin-engine jet airliner made by Airbus, a division of EADS. Versions of the A330 have a range of and can accommodate up to 335 passengers in a two-class layout or carry of cargo....
from an order placed by parent company MatlinPatterson.
Destinations
As of May 2008, Global Aviation Holdings subsidiaries North American Airlines and World Airways do not offer scheduled service, however operated flights into more than 120 countries worldwide in 2009.
History
Originally named
AmTran (Holdings) prior to 2002 and based in
Indianapolis, IndianaIndianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
, the holding company's name was changed to ATA Holdings Corp., for increased transparency and to attract financial investors after the September 11 attacks economic hardships that affected the industry. ATA Holdings Corp. was a
publiclyThis is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
traded company.
On April 8, 2004, ATA Holdings announced the sale of
ATA Training Corporation to
Aviation Institute of Maintenance to focus on the passenger and charter business. ATA Training provided training for
aircraft techniciansAircraft maintenance technician, as used in the United States, refers to an individual who holds a mechanic certificate issued by the Federal Aviation Administration; the rules for certification, and for certificate-holders, are detailed in Subpart D of Part 65 of the Federal Aviation Regulations ,...
. It was founded in Indianapolis in 1992.
ATA Holdings Corp. traded on the
NASDAQThe NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
as "
ATAH" until the company filed bankruptcy proceedings in October, 2004.
On April 5, 2007, New ATA Holdings, Inc. changed its name to Global Aero Logistics Inc (GAL), shortly after which it announced the agreement to purchase
World AirwaysWorld Airways, Inc. is an American airline headquartered at the HLH Building in Peachtree City, Georgia. For the most part, the company operates non-scheduled services. Its main aircraft and maintenance base is Tampa International Airport.-History:...
and
North American AirlinesNorth American Airlines, Inc. is an American airline with its headquarters in Building 141 on the grounds of John F. Kennedy International Airport in Jamaica, Queens, New York City, USA. Prior to May 2008, it operated scheduled international services from the USA to Africa and Guyana. Today, it...
. Late in 2007, GAL moved headquarter operations to
Peachtree City, GeorgiaPeachtree City is a city in Fayette County, Georgia, United States.Census estimates in 2005 indicated a population of 34,524. In 2007, the city announced a plan to formally annex an unincorporated area between Georgia State Route 74 and the border with Coweta County that is commonly referred to as...
, where World Airways is headquartered. This move was a silent and unnanounced move. Today, Global Aero Logistics provides military/commercial air transportation charters throughout the world.
- AMTRAN, INC. (Holdings) -------------------- 2002
- ATA Holdings Corp. --------------------------- 2003-2007
- Global Aero Logistics Inc. (Holdings) -- 2007-2009
- Global Aviation Holdings Inc. ------------ 2009–present
According to an Indianapolis press release from Global Aero Logisitcs Inc., and North American airlines, the combined companies of North American, ATA, and World in 2006 revenues were approximately $1.6 Billion dollars.
Bankruptcy
On October 26, 2004, ATA Holdings, Inc., the former parent company of ATA Airlines, filed voluntary petitions for relief under
Chapter 11Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most...
of the United States Bankruptcy Code, along with seven of its
subsidiariesA subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
:
ATA AirlinesATA Airlines, Inc., formerly known as American Trans Air, was an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operated scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter flights around the world...
, Chicago Express Airlines, ATA Cargo, ATA Leisure Corp., ATA Training Corp., Amber Travel, and ExecuJet.
The Company and its subsidiaries continued to operate their respective business as
debtors-in-possessionA debtor in possession in United States bankruptcy law is a person or corporation who has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest...
under the jurisdiction of the
Bankruptcy CourtUnited States bankruptcy courts are courts created under Article I of the United States Constitution. They function as units of the district courts and have subject-matter jurisdiction over bankruptcy cases. The federal district courts have original and exclusive jurisdiction over all cases arising...
, and in accordance with the applicable provisions of the
Bankruptcy CodeChapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to every business, whether organized as a corporation or sole proprietorship, and to individuals, although it is most...
, the
Federal Rules of Bankruptcy ProcedureThe Federal Rules of Bankruptcy Procedure are a set of rules promulgated by the Supreme Court of the United States under the Rules Enabling Act, directing procedures in the United States bankruptcy courts...
and applicable court orders, and continued to do this for one and a half years.
On April 2, 2008,
ATA AirlinesATA Airlines, Inc., formerly known as American Trans Air, was an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operated scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter flights around the world...
filed Chapter 11 bankruptcy and immediately ceased all operations. The
siblingSiblings are people who share at least one parent. A male sibling is called a brother; and a female sibling is called a sister. In most societies throughout the world, siblings usually grow up together and spend a good deal of their childhood socializing with one another...
airlines will continue to operate. With the MatlinPatterson decision to shutter ATA Airlines, the same hedge fund in control of the remaining assets of ATA Airlines (MatlinPatterson). and World Air Holdings, has now decided to acquire the cargo carrier
Arrow AirArrow Cargo was an American cargo airline based in Building 712 on the grounds of Miami International Airport in unincorporated Miami-Dade County, Florida, USA. It operated over 90 weekly scheduled cargo flights, and had a strong charter business. Its main base was Miami International Airport...
, which does business as (d/b/a) Arrow Air Cargo out of Miami.
Restructuring
After the company's bankruptcy filing on October 26, 2004, drastic measures were taken to turn the company around and make it profitable. As part of its
restructuringRestructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...
,
J. George MikelsonsJuris George Mikelsons is a former airline executive and airline pilot in the United States and the founder of ATA Airlines. He was born in Riga, Latvia, in 1938 on the eve of World War II...
ATA's founder and director stepped away from the MatlinPatterson Global Aero Logistics firm and the directorship, of ATA named
John G. DenisonJohn G. Denison was the acting CEO and Chairman of the Board of ATA Airlines and Global Aero Logistics, Inc at the time of ATA's shutdown due to financial insolvency. In 2006, Denison had announced that he would step down as ATA's CEO on January 1, 2007; Denison was replaced with Subodh Karnik...
as CEO in February 2005. Later that year, launched their first-ever codeshare agreement with
Southwest AirlinesSouthwest Airlines Co. is an American low-cost airline based in Dallas, Texas. Southwest is the largest airline in the United States, based upon domestic passengers carried,...
which had been spearheaded earlier by Mikelsons, thus enabling ATA to connect their passengers to Southwest's markets and vice-versa. ATA also cut down its scheduled operations, most significantly from its former
hubAn airline hub is an airport that an airline uses as a transfer point to get passengers to their intended destination. It is part of a hub and spoke model, where travelers moving between airports not served by direct flights change planes en route to their destinations...
at Chicago Midway International Airport.
ATA sold Ambassadair Travel Club in 2004 to Grueninger Cruises and Tours, based in Indianapolis.
On February 28, 2006, New ATA Holdings Inc. emerged from Chapter 11 United States Bankruptcy Protection.
Emergence of Global Aero Logistics
On April 5, 2007, Global Aero Logistics announced an agreement to acquire World Air Holdings, Inc. in a $315 million all-cash transaction. Simultaneously, New ATA Holdings officially announced their name had been changed to Global Aero Logistics, Inc., effective immediately, to reflect their diverse global operations and its recent
acquisitionMergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
of companies with the financial backing of the Matlin Patterson Global Opportunities investment firm. Terms of the $315 million deal were that Global Aero Logistics Inc. would operate
ATA AirlinesATA Airlines, Inc., formerly known as American Trans Air, was an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operated scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter flights around the world...
,
North American AirlinesNorth American Airlines, Inc. is an American airline with its headquarters in Building 141 on the grounds of John F. Kennedy International Airport in Jamaica, Queens, New York City, USA. Prior to May 2008, it operated scheduled international services from the USA to Africa and Guyana. Today, it...
, and
World AirwaysWorld Airways, Inc. is an American airline headquartered at the HLH Building in Peachtree City, Georgia. For the most part, the company operates non-scheduled services. Its main aircraft and maintenance base is Tampa International Airport.-History:...
under one umbrella (Global Aero Logistics) with each airline (ATA, North American, and World) operating independently when the transaction is completed sometime in the third quarter of 2007. Thus far the company has not addressed the potential cost savings possible through top level managerial and
executivePublicly and privately held for-profit corporations confer corporate titles or business titles on company officials as a means of identifying their function in the organization...
redundancies. Additionally the cost savings potential of
consolidatingConsolidation or amalgamation is the act of merging many things into one. In business, it often refers to the mergers and acquisitions of many smaller companies into much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group...
the
trainingThe term training refers to the acquisition of knowledge, skills, and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies. It forms the core of apprenticeships and provides the backbone of content at institutes of...
,
schedulingA schedule, often called a rota, is a list of employees who are working on any given day, week, or month in a workplace. A schedule is necessary for the day-to-day operation of any retail store or manufacturing facility. The process of creating a schedule is called scheduling...
, flight crew positioning,
reservationsA computer reservations system is a computerized system used to store and retrieve information and conduct transactions related to air travel. Originally designed and operated by airlines, CRSes were later extended for the use of travel agencies...
, and various other departments such as dispatch, medical,
human resourcesHuman resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in labor economics to, for example, business sectors or even whole nations...
, and aircraft stores has not been addressed.
In 2007 the parent company of ATA said that it was changing its name to Global Aero Logistics Inc. and was acquiring the parent company of
North American AirlinesNorth American Airlines, Inc. is an American airline with its headquarters in Building 141 on the grounds of John F. Kennedy International Airport in Jamaica, Queens, New York City, USA. Prior to May 2008, it operated scheduled international services from the USA to Africa and Guyana. Today, it...
.
Pacific Business News said during that year "There are interesting synergies between ATA and World Air Holdings."
Rob Binns
- CEO of Global Aviation Holdings Inc.
- Officer Since: World Air Holdings merger went into effect.
Bill Garrett
- Chief Financial Officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
(CFO) of Global Aviation Holdings Inc. from MatlinPatterson.
- Officer since: October (with Global Aero Logistics Inc. corporate headquarters move to Atlanta.)
Jeff Sanborn
- Senior Vice President and Chief Marketing Officer (CMO)
Chief Marketing Officer is a corporate title referring to an executive responsible for various marketing activities in an organization...
Global Aviation Holdings Inc.
Mark M. McMillin
- Senior Vice President, General Council and Corporate Secretary Global Aviation Holdings Inc.
Larry Montford
- COO
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
of World and Senior Vice President Global Aviation Holdings Inc.
Jeff Wehrenberg
- COO
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
North American Airlines and Senior Vice Global Aviation Holdings Inc.
External links